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What: Shares of Finisar
So what: Finisar earned $0.23 a share of Non-GAAP profit on $241.5 million in revenue in Q2. Analysts were expecting $0.22 and $242.2 million, respectively, according to data compiled by Yahoo! Finance.
Now what: Finisar wasn't the only loser among optical networkers. Investors sold shares of Oclaro
Interested in more information about Finisar? Add it to your watchlist.
Fool contributor Tim Beyers is a member of the Motley Fool Rule Breakers stock-picking team. He didn't own shares in any of the companies mentioned in this article at the time of publication. Check out Tim's portfolio holdings and Foolish writings, or connect with him on Google+ or Twitter, where he goes by @milehighfool. You can also get his insights delivered directly to your RSS reader.
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